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    905 Main St Fredericksburg, TX 78624

    For Sale
    $5,288,000

    Prime Commercial Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional investment opportunity presents a prime commercial property located at 905-913 E Main St, Fredericksburg, TX 78624. The property encompasses a 0.7288-acre lot (31,746.528 sq ft) zoned C-2, offering high visibility with frontage on both Main and Franklin Streets. Currently featuring a mix of established tenants, including the Jypsy Sisters retail store (formerly the Deluxe Cafe), this property boasts a rich commercial history with previous occupants such as Stehling Brothers Dry Cleaning and 1st Class Reservation Service. The property offers approximately 7,521 square feet of leasable space with 4-5 year NNN leases in place, ensuring a steady cash flow. Ample parking is available for tenants and customers. The asking price is $5,288,000, and owner financing may be available to qualified buyers. Detailed financial information is available upon request with a signed Non-Disclosure Agreement. This is a rare opportunity to acquire a significant commercial property in the heart of historic Fredericksburg. The property's location and existing tenant base make it an attractive investment for discerning buyers seeking strong returns in a thriving Texas market.

    Property Features for 905 Main St

    General Information

    Property type
    Land

    HighLights

    • Prime 0.7288‑acre (31,746.528 sq ft) commercial lot at 905‑913 E Main St, Fredericksburg, TX 78624, zoned C‑2.
    • High‑visibility location with Main & Franklin Street frontage.
    • Approx. 7,521 sq ft of leasable space with 4‑5 year NNN leases.
    • Established tenant base, including Jypsy Sisters retail store.
    • Ample parking.
    • Asking price: $5,288,000; owner financing may be available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Top Air Duct ... Hvac Contractor Cowgirl Kim Western ... Western Apparel Store Friedhelm's Bavarian Inn ... German Restaurant Boar's Nest Lounge Bar Jypsy Sisters Boutique

    Suggested Use

    Law Firm Realty agency Dental Office Spa & Massage Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fredericksburg
    County
    Gillespie
    State
    Texas
    Longitude
    -98.858679517979
    Latitude
    30.265455533425

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Visibility
    Where is this land located?
    The property is located at 905 Main St Fredericksburg, TX.
    What is the asking price?
    The asking price for this property is $5,288,000.
    What are key features of this property?
    This property features: Prime 0.7288-acre (31,746.528 sq ft) commercial lot at 905-913 E Main St, Fredericksburg, TX 78624, zoned C-2.; High-visibility location with Main & Franklin Street frontage.; Approx. 7,521 sq ft of leasable space with 4-5 year NNN leases.
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    905 Main St Fredericksburg, TX 78624
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    Fredericksburg, TX 78624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    905 Main St Fredericksburg, TX 78624
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